How does the interest rate on new debt influence the use of financial leverage?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (18 reviews)
The higher the interest rate on new debt the less attr...View the full answer
Answered By
Sifelani dube
I am currently studying towards my Master of Chemistry after graduating a Cum Laude for my Chemistry Honours and another Cum Laude for my BSc Chemistry and Biochemistry
I tutored mostly high school students privately after school and during the summer. We met in their homes, the public library or at school. I charged no hourly fee and provided any necessary materials. It was my passion, my hobby providing extra help to rural-based learners.
Having taught Advanced level Mathematics, Biology, and Chemistry in two local countryside schools for up to two years meant that I had contact with a lot of students that needed special attention. I never had to advertise — word of mouth and referral from peers was how most students knew of me. At one point I did have a reach out call for students that struggled in re-writing their failed subjects at both O and A’ level. I stayed very busy, especially in the summers, and always had a full schedule regardless of that I was fully employed as a temporary teacher. I typically met with each student in order to get an idea of what the focus of my instruction/remediation should be. Becoming familiar with the student's learning style(s) was also very helpful.
Often students would share records and test results with me. After a few tutoring sessions, I documented the student’s progress and gave them written updates, as well as phone calls or emails as needed.
While my students and I certainly utilized no technology or the internet by then during our sessions, I never tutored online or for any tutoring company, but mainly offline.
At university, I continued on remunerated appointment from the Chemistry Department with tutoring first years. For now, outside my scheduled hours I freely help up to Honours students since I have enough time during my MSc study. Tutoring one on one I feel enjoyable and rewarding. My students and I always have fun and grow quite fond of one another. The extra income is always a bonus. I look forward to becoming an academic in the near future and a full-time researcher.
0.00
0 Reviews
10+ Question Solved
Related Book For
Foundations of Financial Management
ISBN: 978-1259194078
15th edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
Question Posted:
Students also viewed these Finance questions
-
How does the interest rate on an illiquid bond compare with the interest rate on a liquid bond? How does the interest rate on a bond with high information costs compare with the interest rate on a...
-
How does the interest rate affect your credit payments? What is meant by simple interest? What is the annual percentage rate (APR), and when is it used?
-
How does the interest on loans from credit unions compare with the interest on loans from commercial banks and savings institutions? What about the interest on deposits?
-
Part A Light has both a wave and a particle nature. Particles have a wave nature as well, and therefore All particles decay with a certain characteristic lifetime. Their position can not be specified...
-
Qantas Airways Limited is the major airline company in Australia. The company's statement of financial position (balance sheet) as at June 30, 2009, is presented below in Exhibit 4-11. In Note 1(G)...
-
Quality improvement, relevant costs, and relevant revenues. The Tan Corporation makes multicolour plastic lamps in two operations, moulding and welding. The moulding operation has a capacity of...
-
4. Consider the 3-year swap in the previous example. Suppose you are the fixed-rate payer in the swap. How much have you overpaid relative to the forward price after the first swap settlement? What...
-
Prepare a comprehensive report for Mario in which you outline and analyze the possible revenue models that ASIB might use for its Web site. You should address the two journals as separate issues....
-
Problem 15-1A Recording transactions and fair value adjustments for trading securities LO P1 Carlsville Company, which began operations in 2017, invests its idle cash in trading securities. The...
-
Crawford Labs has increased its profitability dramatically by using models to allocate its sales force among the company's major drugs. To guide that effort, a nonlinear sales-response curve is...
-
Discuss the various uses for break-even analysis.
-
Using Standard & Poors data or annual reports, compare the financial and operating leverage of Chevron, Eastman Kodak, and Delta Airlines for the most current year. Explain the relationship between...
-
Two functions, f and g, are related by the given equation. Use the numerical representation of f to make a numerical representation of g. g(x) = f(x) = 10 X f(x) 0 -5 5 11 10 21 15 32 20 47
-
Solve the following linear system by Gaussian elimination with back-substitution without introducing fractions in your row-reduction. If there is no solution, explain why. -3x+8y + 82 = -8 -2x+ y -...
-
Introduction Some predictions are a slam dunk. Retail will continue to be driven by technology. Science fiction is coming to life in the form of robotics and virtual reality. And the Internet will...
-
Oswego Clay Pipe Company provides services of $ 5 0 , 0 0 0 to Southeast Water District # 4 5 on April 1 2 of the current year with terms 1 / 1 5 , n / 6 0 . What would Oswego record on April 1 2 ?...
-
Assume the following excerpts from a company's balance sheet: Property, plant, and equipment Beginning Balance $3,500,000 Ending Balance $3,700,000 $1,100,000 $800,000 Long-term investments During...
-
On January 1, 2021, Bonita Corp. had472,000shares of common stock outstanding. During 2021, it had the following transactions that affected the Common Stock account. February 1 Issued 125,000shares...
-
Wal-Mart has a brand image that triggers strong reactions in North America, particularly from people whose businesses have been damaged by the companys overpowering competition with low prices and...
-
At 31 December 20X9, the end of the annual reporting period, the accounts of Huron Company showed the following: a. Sales revenue for 20X9, $ 2,950,000, of which one- quarter was on credit. b....
-
Explain how sweat soldering of copper pipe works from a fluid mechanics viewpoint.
-
Identify whether each of the following items increases or decreases cash flow: Increase in inventory...........................Increase in short-term notes payable Decrease in prepaid...
-
The following information is provided for the Loofa Corporation. During 2015, the following occurred: 1. Net income was $54,610. 2. Equipment was purchased for cash, and no equipment was sold. 3....
-
The following information is provided for the Waif Corporation. During 2015, the following occurred: 1. Net income was $91,000. 2. Bonds were retired by issuing new common stock. 3. No equipment was...
-
Summarize in your own words Sharps, Treynors, and Jensens Measures for assessing portfolio performance with respect to risk. Assess the portfolio performance of mutual fund VDIGX taking into...
-
Question 1 Slat and Company have recently set up a business which will manufacture and sell a furniture component, the F12 On the 19 August 2021, the company issued 85,000 of share capital for cash....
-
The following is Addison Corporations contribution format income statements for last month. The company has no beginning or ending inventories. A total of 10,000 units were produced and sold last...
Study smarter with the SolutionInn App